WTW (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has today announced a collaboration with global law firm Clyde & Co.
Building on a long-standing relationship, WTW will offer Clyde & Co’s climate legal and risk expertise as part of its climate analytics and consulting offering to support clients in managing the impact of physical climate risks and their transition to net-zero. The collaboration with Clyde & Co will deliver significant value, complementing WTW’s offering by helping organisations better understand and manage the climate liability risks and respond to the opportunities presented by climate change.
Nadine Coudel, Climate Liability Lead, Climate & Resilience Hub, WTW, said:
“The collaboration will further broaden our relationship with Clyde & Co, developed over a number of years. We will be able to give our clients unprecedented access to regulatory and risk advice in the course of their ESG journeys, pairing WTW’s world-leading consulting expertise and capabilities in delivering climate risk analytics with Clyde & Co’s renowned and globally integrated team of climate liability experts.”
Within the new partnership three overarching areas of risk will be covered:
• Liability: Analysis of current climate liability risks.
• Regulatory: Planning for regulatory responses to climate change. With the landscape of climate regulation and disclosure rapidly evolving, Clyde & Co and WTW will provide
advice and guidance on latest developments.
• Contractual: Reviewing of current climate contracts for high-risk contract hotspots. Reviews of a client’s identified contracts will be carried out and advice provided on how to address physical risks and make them net-zero-aligned.